Knowledge Hub
Canada’s one-stop-shop for everything related to climate governance
Fiduciary Duties and Climate Change in the United States
Our understanding of climate change has evolved from an “ethical, environmental” issue to one that presents foreseeable financial and systemic risks (and opportunities) over mainstream investment horizons. This evolution has substantially changed the relevance of climate change to the governance of corporations. A critical corollary of that evolution is that there are implications for the […]
Read moreTask Force on Climate-related Financial Disclosures (TCFD) – 2021 Status Report
The latest TCFD status report describes progress on climate-related disclosure and TCFD implementation efforts, insights, and challenges. “Since the release of the 2020 TCFD status report, over 1,000 additional organizations have pledged support for the TCFD recommendations. As of October 6, 2021, the Task Force had over 2,600 supporters globally, including 1,069 financial institutions, responsible […]
Read moreTask Force on Climate-related Financial Disclosures (TCFD) – Guidance on Metrics, Targets, and Transition Plans
The Metrics, Targets, and Transition Plans guidance describes recent developments around climate-related metrics and users’ increasing focus on information describing organizations’ plans for transitioning to a low-carbon economy. The guidance also describes a set of cross-industry, climate-related metric categories that the Task Force believes all organizations can disclose.
Read moreDirectors’ Liability and Climate Risk White Paper on India
Climate change as a material financial riskClimate change has garnered significant attention given that it poses a serious challenge to sustainable development. No longer is it merely within the domain of voluntary conduct on the part of corporations. Instead, it is a material financial risk that corporations encounter, thereby imposing duties on the boards of […]
Read moreUnder Water: The Costs of Climate Change for Canada’s Infrastructure
Canada’s infrastructure isn’t prepared for the climate crisis. The third report in our Costs of Climate Change series finds that Canada’s infrastructure decisions aren’t accounting for climate change. These risks are leaving Canadians under water, physically and financially, threatening our future well-being and prosperity. In response, governments can direct public and private investment toward more […]
Read moreLegal Opinion – Directors’ obligations to consider climate change-related risk in India
The Commonwealth Climate and Law Initiative (CCLI) has commissioned a legal opinion, published today, by Mr. Shyam Divan, Senior Advocate, and Ms. Sugandha Yadav and Ms. Ria Singh Sawhney, Advocates, on directors’ duties and disclosure obligations regarding climate change. The legal opinion finds that: Directors must have regard to climate change-related risks in the course […]
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